LATEST COVID-19 CORONAVIRUS NEWS

Promise Money cuts second charge packaging fees

Promise Money has reduced its second charge packaging rates in move designed to help...

Accord restarts lending to first-time landlords

Accord Buy To Let is now accepting applications from first-time landlords up to a...

Slice of luck as cheese firm secures £1.5m CLBILS loan

Secure Trust Bank Commercial Finance has provided Bradburys Cheese with a £1.5m loan from...

Shawbrook’s latest results show Covid impact

Shawbrook Bank's pre-tax profit for the fist six- months of 2020 totalled £5.9 million,...

Brokers vital to SME recovery

Finance brokers will play a key role to play in helping small and medium-sized...

Second charge recovery remains slow

The Finance & Leasing Association (FLA) has reported that second charge mortgage new business...

Asset finance market down 41% in June

Latest figures from the Finance & Leasing Association (FLA) show that total asset finance...

MPC maintains Bank Rate and issues unemployment warning

The Bank of England's Monetary Policy Committee (MPC) has voted to hold the Bank...

Mortgage Brain: product numbers remain a concern

Mortgage Brain saw more ESIS generated through its sourcing systems in July than any...

Lockdown and stamp duty move making homeowners think about change

80% of homeowners who have thought about moving home since lockdown began, say they...

UTB Mortgages launches WebChat

United Trust Bank (UTB) made another set of mortgage product, criteria and technology enhancements...

Overseas property buyers tempted by stamp duty changes

There has been a notable increase in mortgage searches by advisers around ‘visas’ and...

Covid-19: rise in financial gifting sentiment

More people wanting to help younger family members financially following the coronavirus crisis. The survey...

Mortgage broker protection sales worst hit by Covid

iPipeline has published statistics for new protection business processed through its platforms in Q2...

COMMENT

We must not accept our snail’s pace home buying system

Buying a house in this country can be ridiculously slow, as a handful of recent studies have highlighted. Research from the House Buyer Bureau...

Deferment and capitalisation rates: small percentages, large consequences

The Government is currently consulting on Leasehold enfranchisement valuation rates to determine what deferment and capitalisation rates should be prescribed under the Leasehold and...

Your clients can’t tell which firm they’re dealing with

Two clients walk into your firm in the same week. One of them is a referral from a mate of yours. Complicated case, self-employed, bit...

It’s time to look at retention

As the summer winds down and the back-to-school routine kicks back in, I urge the industry to turn its attention to something just as...

Landlords are buying – and advisers should take note

There has been no shortage of commentary over recent years suggesting landlords are heading for the exit, buy-to-let apparently no longer works and the...

Latest news

HSBC UK to raise rates across residential and buy-to-let ranges

HSBC UK will increase rates across a range of two-year and five-year fixed mortgages...

Gilt turmoil puts fresh pressure on mortgage rates

Rising government borrowing costs are putting renewed upward pressure on UK mortgage rates as...

UK needs first primary surplus in 25 years, warns NIESR

The UK needs to run its first primary budget surplus in 25 years if...

Gatehouse launches fee-free refinance products

Gatehouse Bank has launched a range of limited-edition refinance products for UK residents with...

PROFILES